Janus Henderson Group plc Ordinary Shares

Good morning. My name is Nicole and I will be your conference facilitator today. Thank you for standing by and welcome to the Janice Henderson Group second quarter 2020 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer period. In the interest of time, questions will be limited to one initial and one follow-up question. In today's conference call, certain matters discussed may constitute forward-looking statements Actual results could differ materially from those projected in the forward-looking statements due to a number of factors including, but not limited to, those described in the forward-looking statements and risk factors sections of the company's most recent Form 10-K and other more recent filings made with the SEC. Janice Henderson assumes no obligation to update any forward-looking statements made during the call. Thank you. And now it is my pleasure to introduce Dick Weil, Chief Executive Officer of Janus Henderson. Mr. Weil, you may begin your conference.

Thank you, operator. Welcome everyone to the second quarter 2020 earnings call for the Janus Henderson Group. As usual, I'm joined by Roger Thompson, our CFO. Let me start by saying that I hope all of you and your families and your loved ones are all safe during this unprecedented global health crisis. As we've said on previous calls, on the second and the fourth quarter, we try and give a longer-term perspective on our business. And so, in line with that promise, today, Roger will run through the quarterly results, and I'll try and give you a bit more discussion on business and strategy. And then, like usual, we'll take your questions. Turning to slide one. This quarter represents our three-year anniversary since the closing of the Janus Henderson merger. Before I turn it over to Roger to go over the quarterly results, I just want to touch a little bit on the strategic journey that we've been on over these three years. The industrial logic of the merger between Janus and Henderson was all about bringing two independently successful firms together because they had complementary strengths. And by joining them together, we felt we could gain the benefits of those complementary strengths and also increase scale and diversification. As we went through the merger we identified three immediate priorities. First, we needed to learn how to deliver growth from our enhanced global platform. Second, we needed to consolidate the business footprint and the infrastructure to leverage the benefits of scale.

Third, we needed to deliver cost savings. Turning first to growth.